Article Artículo
Romney’s Global Warming Joke Should Haunt HimDean Baker
Truthout, November 5, 2012
Dean Baker / November 05, 2012
Article Artículo
Por qué ni siquiera Obama defenderá la Seguridad SocialDean Baker
The Guardian Unlimited, 24 de octubre 2012
En Inglés
Dean Baker / November 05, 2012
Article Artículo
Are the Labor Force and Employment Numbers Each Growing At 'About 171,000' Each Month?Dean Baker / November 05, 2012
Article Artículo
Robert Samuelson Goes Way Overboard in Getting it Wrong on the EconomyRobert Samuelson sounds like he is really angry at American voters since it doesn't look like they are following his advice. He therefore pulls out all the stops in misrepresenting the country's economic situation in his column today.
He starts quickly, telling us in the second paragraph:
"There’s a triple threat to stronger economic growth. The first stems from the legacy of the 2007-09 financial crisis, which induced households and companies to shed debt and, more important, made both more cautious spenders. The second is an aging population that stunts expansion of the labor force. Finally, chronic deficits — caused increasingly by a surge of promised benefits — imply future spending cuts and/or tax increases, which might dampen economic growth."
Okay, on the first point those with access to the Internet know that neither households nor businesses are especially cautious spenders at the moment. Here's the consumption story brought to you by our friends at the Commerce Department.
Source; Bureau of Economic Analysis.
The story here is that while consumers are not spending as large a share of their income as they were at the peaks of the stock or housing bubbles, they are spending a larger share of their income today than they were on average in the 1960s, 1970s, 1980s, or even 1990s. (The adjusted consumption measure has to do with a technical issue, the statistical discrepancy in national income accounts.) So consumers are not being overly cautious, contrary to Samuelson' assertion.
Dean Baker / November 05, 2012
Article Artículo
Washington Post Continues Effort to Pressure Obama to Cut Budget Deal Before End of YearDean Baker / November 05, 2012
Article Artículo
Steven Davidoff Whitewashes the Investment Banks in the NYTDean Baker / November 04, 2012
Article Artículo
Thomas Friedman Thinks the Heritage Foundation Is a Left-Wing OutfitDean Baker / November 04, 2012
Article Artículo
Labor Market Policy Research Reports, October 27 – November 2, 2012CEPR and / November 02, 2012
Article Artículo
The Campaign to Fix the Debt and the Hair Club for MenDean Baker
Salon, November 1, 2012
Dean Baker / November 02, 2012
Article Artículo
Latest BLS Employment Report Shows Brighter Picture of Labor MarketDean Baker / November 02, 2012
Article Artículo
Latin America and the Caribbean
Broken Anvil: The Story of Operation AnvilDan Beeton / November 02, 2012
Article Artículo
Unemployment Rates by Education, 2007-2012November 2, 2012
CEPR / November 02, 2012
Article Artículo
Economy Adds 171,000 Jobs as Unemployment Edges Up to 7.9 PercentNovember 2, 2012 (Jobs Byte)
Dean Baker / November 02, 2012
Article Artículo
The Surge in Employment Reported for September Looks Reasonable in ContextDean Baker / November 02, 2012
Article Artículo
David Brooks Is Upset that President Obama Hasn't Inflicted More Pain on the Middle ClassDean Baker / November 02, 2012
Article Artículo
Latin America and the Caribbean
U.S. Election Monitors Comment on Venezuela’s October 7 ElectionsAlexander Main / November 01, 2012